Softbank Surges 11%, HSBC Falls 6.6%, US Dollar Continues to Advance. DAX Eyes Further Gains
European shares opened lower Thursday, pulled down by banks after HSBC fell hard. The bank’s plan to privatise Hong Kong’s Hang Seng Bank may mean a big shift – the deal is valuated around HK$106 billion (about $13.6 billion). The pan‑European STOXX 600 hovered near its recent high, only 0.1 % down at 573.4 points. Shares of HSBC dropped roughly















